shale oil News

  • Energy policy meltdown: Bush administration and oil shale

    In a potentially disastrous plan that would destroy large tracts of the Rocky Mountain region, the Bush administration has announced its draft regulations for opening 2 million acres of public lands in Wyoming, Colorado, and Utah for commercial oil shale production, according to experts at the Natural Resources Defense Council (NRDC). The following are statements from Amy Mall, the Natural ...

  • Infocast`s Optimizing Shale Oil & Gas Wells Conference

    Infocast brings the first ever Optimizing Shale Oil & Gas Wells conference from June 27-29, 2011 to the Renaissance Denver Hotel in Denver, CO. This groundbreaking meeting will feature nine real world case studies of cutting-edge completion ...


    By Infocast

  • Getting shale gas to market

    CNG Services Ltd Managing Director, John Baldwin, was invited to give a presentation on “Getting Shale Gas to Market” at the recent SMi Shale Gas Environmental Summit. The presentation, given on the 23rd May 2012, explained the practicalities and significant advantages of injecting shale gas into the existing high pressure National Gas Transmission System (NTS) in the UK. The ...


    By CNG Services Limited

  • GHG emissions from shale greater than conventional gas, coal or oil

    Over a 20-year time period, the greenhouse gas (GHG) footprint of shale gas is greater than that of coal, oil or conventional gas, according to a recent study. Methane emissions make up most of this footprint. This suggests that substituting conventional fossil fuels with shale gas may not have the desired effect to mitigate climate warming in the short-term. Global reserves of natural gas ...


    By GLOBE SERIES

  • Major investors warn energy companies of business risks in flaring gas at shale oil wells

    With escalating shale oil production putting the US on track to become the world’s largest oil producer, investors are challenging an increasingly common industry practice – burning off or ‘flaring’ associated natural gas from shale oil wells – as environmentally damaging, economically wasteful and a threat to the industry’s bottom line. “We are concerned ...


    By Ceres

  • What Shale Gas in China means for the United States

    Today I testified before the U.S.-China Economic and Security Review Commission during a hearing on China’s Global Quest for Resources and Implications for the United States. In my testimony, I described the prospects for shale gas in China and its implications for the United States. Considering ...

  • Chris Huhne article on shale gas for the Daily Telegraph

    Two months ago, an unlisted energy company released an initial estimate of UK shale gas reserves. Cue protesters picketing my department, and suggestions that Britain should tear down its wind farms and move the pound to a mythical “shale standard”. As ever, behind lurid headlines lurks a little truth. The announcement by Cuadrilla Reserves that there could be 200 trillion cubic feet ...

  • Majority of Energy Execs See U.S. Oil Over $121 Per Barrel This Year; Shale Expected to Have `Transformative` Impact: KPMG Survey

    Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with most (64 percent) predicting crude prices to exceed $121 per barrel.  The executives also foresee shale oil and gas having a transformative effect on helping to meet the world's energy needs, according to the results of the 9th Annual Energy Survey conducted by the ...


    By KPMG International

  • GE Completes Acquisition of John Wood Group PLC’s Well Support Division, Increasing Position in Enhanced Oil Recovery and Shale Gas Production

    GE (NYSE: GE) is pleased to announce it has completed the strategic acquisition of John Wood Group PLC’s Well Support Division, expanding GE Oil & Gas’ extensive drilling and surface manufacturing and services portfolio. The John Wood Group PLC Well Support division, which has over 3,800 employees globally and operates approximately 20 manufacturing and ...


    By General Electric

  • New Office to look at community benefits for shale gas projects

    Community benefit from shale gas exploration will be one of the priorities for DECC’s new Office of Unconventional Gas and Oil (OUGO), the Chancellor announced today. OUGO has been created within DECC to promote the safe, responsible and environmentally sound recovery of the UK’s unconventional reserves of gas and oil. Engaging with industry and communities, OUGO will bring forward ...

  • UK shale gas no “get out of jail free card”

    Exploitation of the UK’s significant shale gas resources is unlikely to result in low natural gas prices, according to new research by leading energy analysts Bloomberg New Energy Finance. The cost of shale gas extraction in the UK is likely to be significantly higher than in the US, and the rate of exploitation insufficient to offset the decline in conventional gas production, meaning ...


    By Bloomberg New Energy Finance

  • Local councils to receive millions in business rates from shale gas developments

    Shale gas: today’s announcement The Prime Minister will announce that councils can keep 100 per cent of business rates they collect from shale gas sites – double the current 50 per cent figure. This commitment could be worth up to £1.7 million a year for a typical site. It will be directly funded by central government. Community benefits for local people ...

  • Government proposals to simplify deep underground access for shale gas and geothermal industries

    The Government is launching a consultation on proposals to simplify the existing procedure for shale gas and oil and deep geothermal underground drilling access. The new proposals would simplify procedures which are costly time-consuming and disproportionate for new methods of underground drilling. Oil, gas and deep geothermal companies will be able to explore their potential, and will in return ...

  • FlexEnergy Inc to Show Waste Gas to Clean-Energy Systems at Marcellus Shale Gas Conference

    FlexEnergy Inc, a clean tech company with the breakthrough solution to generate clean energy with near-zero emissions from waste gas streams, will showcase its advanced technology for producing electricity from natural gas, tail gas, and associated gas in varying concentrations at the Marcellus Shale Gas Conference in ...


    By FlexEnergy Inc

  • Aqua America Chairman to Students: Marcellus Shale Offers Promise for Jobs and the Economic Future of Pennsylvania

    Aqua America, Inc. (NYSE: WTR) Chairman and CEO Nicholas DeBenedictis told a group of Drexel University students that the natural gas industry will become the biggest economic driver in Pennsylvania since the heydays of coal and steel, and that along with it will come a bounty of energy careers and jobs. His remarks were made today at the 2012 Energy/Utility Forum sponsored by the Pennsylvania ...


    By Aqua America, Inc

  • Regulating unconventional oil and gas in Alberta

    The Alberta Energy Resources Conservation Board is seeking feedback on a new approach to regulating unconventional resources, such as shale oil and shale gas. The new approach includes requiring early and meaningful stakeholder engagement, minimizing surface impacts, protecting water, and maximizing resource recovery. Albertans have until March 31 to submit feedback to the ERCB. ...


    By GLOBE SERIES

  • Bio-based Chemicals Getting Unexpected Boost from Shale Gas Boom in North America

    Bio (plant)-based chemicals are the unexpected beneficiaries of the North American shale gas boom, says a special report from IHS (NYSE: IHS), the leading global source of critical information and insight. Sugars, glycerin and other plant-derived feedstocks are emerging as economically competitive starting materials for a range of commodity chemicals, in part, the report says, because of ...


    By IHS Markit

  • How high will oil prices go?

    CIBC World Markets has prepared a report on the "How High Will Oil Prices Go? The report argues that oil prices will continue to accelerate. The report authors - Jeff Rubin and Peter Buchanan - note that much smaller net production gains than were previously forecast now point to a more rapid escalation in crude prices over the next several years, with prices likely to soar to an average of ...


    By GLOBE SERIES

  • New onshore oil and gas blocks to be offered

    A second group of 132 further blocks has been subjected to detailed assessment under the Conservation of Habitats and Species Regulations 2010, the findings of which are now out for consultation. Subject to the outcome of that consultation, ...

  • Ineos awarded license for onshore oil and gas exploration

    The Department of Energy and Climate Change (DECC) has given the go ahead to major chemicals giant Ineos to take a majority share in an onshore oil and gas licence block in Scotland by taking over BG’s interest (51%). The other licensee, Dart is the operator in the block next to the Firth of Forth. Like the rest of the shale industry, Ineos believe it’s important that the local ...

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